Glencore PLC - Update on COVID-19
Update on COVID-19
Glencore would like to provide an update relating to the impact of COVID-19 on its operations. Various governments have imposed far-reaching restrictions to daily life and economic activity, and we have been engaging with the relevant authorities, unions and other stakeholders to understand the impact of these measures on our operations.
We have introduced a number of precautionary measures across our offices and industrial assets in response to COVID-19. This includes the implementation of enhanced hygiene and cleaning measures, application of social distancing and identification of higher risk groups. Our goal is to operate only when we can keep our people safe and healthy, while safeguarding jobs and providing support to our local communities.
To date, our larger operations have not been materially impacted, however a number of our smaller assets have had to restrict or stop operations.
The government of
Due to the disruptions to international mobility, transportation and supply chains, Glencore's wholly owned subsidiary,
The South African government has announced a nationwide lockdown for 21 days from 26 March. We have been engaging with the authorities to understand the impact of the lock-down on our operations. In accordance with the guidance received from the authorities:
- Our ferroalloys operations in
- The majority of our South African coal operations supply Eskom under a variety of contracts. During the nationwide lockdown, we will continue to supply coal to Eskom under the guidelines issued by the
Supporting our workforce and local communities
The health and wellbeing of our people, their families and the broader community remains our number one priority. For all our offices and industrial assets that are continuing to operate, we have implemented various additional precautionary measures to protect our employees. We recognise the uncertainty caused by the current environment and endeavour to support our workforce and local communities, as appropriate.
The situation is evolving rapidly and we will continue to provide updates as appropriate. We thank our employees, contractors, customers, suppliers, communities and other stakeholders for their support during this challenging time. Glencore is committed to working with all its stakeholders in helping overcome the unprecedented challenges presented by this pandemic.
For further information please contact:
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t: +41 41 709 2880
m: +41 79 737 5642
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t: +41 41 709 3269
m: +41 79 197 4202
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t: +41 41 709 24 62
m: +41 79 904 33 20
Glencore LEI: 2138002658CPO9NBH955
Notes for Editors
Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.
With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by its global marketing network.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 160,000 people, including contractors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the
The companies in which
This information is provided by RNS, the news service of the
Quick facts: Glencore PLC
Market Cap: £20.86 billion
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